QXO agrees to buy TopBuild for $17 billion
QXO
Topbuild
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Topbuild BLD | 0.00 |
- QXO agreed to buy TopBuild in a deal valued at about USD 17 billion, with closing expected in Q3 2026.
- TopBuild shareholders can elect USD 505 per share in cash or 20.2 QXO shares, subject to proration to roughly 45% cash and 55% stock.
- Combined company is expected to generate more than USD 18 billion in revenue and more than USD 2 billion in adjusted EBITDA.
- Integration plan targets about USD 300 million of synergies by 2030.
- TopBuild generated about USD 6.2 billion of net sales in fiscal 2025, with about USD 1.14 billion of adjusted EBITDA.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. QXO Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-045111), on April 20, 2026, and is solely responsible for the information contained therein.
